–
The amount of funding raised by Israeli start-ups reached the level of $93o million for 175 companies in Q2/14, the largest figure since the 2000 dot.com craze. This is an astounding 109% above the $446 million raised in Q2/13 and 38% more than the $673 million in Q1/14. The average amount per company was $5.3 million in Q2 compared to $4.2 million in Q1.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Companies are garnering more seed money and are given the means to fly solo as IPOs rather than waiting for a takeover bid. One of the biggest beneficiaries of the trend was Landa Publishing, which received funding to the tune of $135 million by Germany’s Atlanta Company.
Ofer Chaikin of KPMG’s Somekh Chaikin Technologies commented: “Mature, revenue growth companies are continuing to raise significant capital, while in the past, while in the past, venture revenue funds saw M&A routes as providing the best opportunity for revenue growth …. potential Nasdaq IPOs are now a major driver of VC Investment.”
